Property Details for 8 Spencer St, Tumby Bay
Last Listing description (February 2014)
Tumby Bayside Meats & Abattoir
? High Profile Location = Sound Commercial Investment
? 2 Shop Frontages + room to expand
This is an outstanding opportunity to invest in the thriving coastal township of Tumby Bay. Not only could you run the profitable business but you could also own a prime piece of real estate in absolute town centre location in addition to a slice of land on the edge of town.
Tumby Bayside Meats is a well established business which is open 8am - 5.30pm Monday to Friday and 8am -11.30am on Saturdays. It has both retail and wholesale trade and is currently operated by 3 full time staff.
8-10 Spencer Street consists of the butcher shop premises including the shop front, storeroom, smallgoods room, additional shop front that is leased to a third party, toilet block and garage all on 1011m2 with plenty of room for further expansion if necessary.
Section 337 Hundred of Hutchison contains 12.34 hectares (30.4acres) and includes an accredited abattoir. It has frontage to Mine Hill Road and is only minutes from the Tumby Bay township.
Both properties are freehold and on separate titles.
If you are not interested in the whole package, have you considered a syndicate? Someone else may like to share in this rare commercial opportunity. The vendor's may even consider selling the sections separately. The potential is endless.
Property History for 8 Spencer St, Tumby Bay, SA 5605
- 08 Mar 2013Listed for Sale $620,000
- 25 Mar 2010Listed for Sale Not Disclosed
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0About Tumby Bay 5605
The size of Tumby Bay is approximately 303.8 square kilometres. There are 16 parks, covering nearly 0.5% of the total area. The population of Tumby Bay in 2016 was 1631 people. By 2021 the population was 1781 showing a population growth of 9.2% in the area during that time. The predominant age group in Tumby Bay is 70-79 years. Households in Tumby Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumby Bay work in a managers occupation.In 2021, 72.80% of the homes in Tumby Bay were owner-occupied compared with 74.00% in 2016.
Tumby Bay has 1,491 properties. Over the last 5 years, Houses in Tumby Bay have seen a 98.72% increase in median value, while Units have seen a 104.37% increase. As at 31 July 2026:
- The median value for Houses in Tumby Bay is $560,485 while the median value for Units is $372,145.
- Houses have a median rent of $485 while Units have a median rent of $205.
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